SRA Highlighted in ‘Inside Philanthropy’
Philanthropy consultant Loren McArthur penned an article in Inside Philanthropy urging philanthropy to do more to support an equitable and progressive tax system (“one of our most powerful tools for reducing economic inequality and the racial wealth gap”):
“The [debt ceiling] represents the failure of government to raise the revenue it needs, especially from the wealthiest Americans, to advance our most vital national priorities: a vibrant and inclusive economy, a safe and clean environment, and the equality that is foundational to a functional, multiracial democracy…And yet, remarkably, it is a debate in which progressive foundations have largely remained on the sidelines.”
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“While philanthropic investment in progressive tax reform has been lacking historically, an emerging network of funders and advocacy groups is building new capacity and infrastructure to advance progressive tax policies. The State Revenue Alliance provides funding, communications support and other technical assistance to grassroots organizations, unions and advocacy groups working for more equitable tax policies at the state level — such as the recently enacted millionaires’ tax in Massachusetts.”
